Caseys General Stores Inc (CASY)

Days of inventory on hand (DOH)

		Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Inventory turnover		0.00	26.86	31.97	25.72	22.16
DOH	days	—	13.59	11.42	14.19	16.47

April 30, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 0.00
= —

The days of inventory on hand (DOH) for Caseys General Stores Inc. over the specified periods indicate a trend of decreasing inventory holding periods from April 30, 2021, through April 30, 2023. Specifically, the DOH declined from approximately 16.47 days in 2021 to 14.19 days in 2022, representing a reduction of about 2.28 days. The downward trend continued into 2023, with the DOH reaching approximately 11.42 days, reflecting a further decrease of approximately 2.77 days compared to 2022. This suggests an improvement in inventory management efficiency during this period, with the company holding inventory for a shorter duration before turnover.

However, an observed increase occurred in 2024, where the DOH rose to approximately 13.59 days, indicating a slight elongation in inventory holding periods compared to 2023. This uptick could suggest a temporary slowdown in inventory turnover or adjustments in inventory levels in response to market or operational factors. The data for 2025 is unavailable, and thus an assessment for that period cannot be made.

Overall, the trend demonstrates effective inventory management in recent years, with a notable reduction in inventory days, although a minor reversal of this trend occurred in 2024.